Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLBSL) has opened IPO issuance and sale from today (June 25, 2021 - Ashad 11, 2078) and call to apply. Laghubitta has issued an IPO worth Rs 197.73 million.
JBLBSL has issued 1,977,300 ordinary shares with a face value of Rs 100 per share. Out of this, Jivan Bikas Labhubitta has allotted 30,420 units, i.e. 5 percent of the issued capital for the employees, and 5 percent of the total issue, i.e. 98,865 units for the collective investment fund. The general public will be able to apply for the remaining 18 lakh 48 thousand 15 units.
Interested investors can apply for a minimum of 10 lots and a maximum of 1,000 lots. The eviction shutdown will be on July 3 at the earliest and on July 8 at the latest.
NMB Capital Limited is the issuer and sales manager of JBLBSL. The general public can apply from SEBON C-ASBA licensed banks and financial institutions and their branch offices. In addition, applications can be submitted through MeroShare software.
In the credit rating issued for IPO issuance, ICRA Nepal has given microfinance an 'ICRP Issuer Rating Triple B Minus' rating. Institutions receiving such ratings indicate moderate to safe and moderate credit risk in terms of timely fulfillment of financial obligations.
Earnings per share (EPS) for the fiscal year 2076/77 was Rs. 104.97 and the net worth of JBLBSL was Rs. 305.27.
IPO Date IPO
